<div dir="ltr">If you are a US citizen on Coinbase, I'm reasonably sure you need to pay your taxes. </div><div class="gmail_extra"><br><div class="gmail_quote">On Wed, Jan 31, 2018 at 6:13 PM, Nick Ngatia via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr">This is no surprise.<div><br></div><div>With no possibility of regulating or taxing bitcoin transactions, I doubt whether any government will ever embrace bitcoin or any other crypto-currency.</div><div><br></div><div>To governments, anything that takes away possible tax income is non-negotiable!</div></div><div class="gmail_extra"><br><div class="gmail_quote"><div><div class="h5">On Wed, Jan 31, 2018 at 3:40 PM, Lawrence Njogu via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a><wbr>></span> wrote:<br></div></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div class="h5">




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This is a BIG challenge for all world governments; it is a global megatrend and no one has an answer yet if/how/when to regulate cryptocurrencies. </div>
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<div id="m_-408270000528471683m_5554672999309946321divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> kictanet <kictanet-bounces+lnjogu=<a href="mailto:hotmail.com@lists.kictanet.or.ke" target="_blank">hotma<wbr>il.com@lists.kictanet.or.ke</a>> on behalf of WANGARI KABIRU via kictanet <<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a><wbr>><br>
<b>Sent:</b> Wednesday, January 31, 2018 7:06 AM<br>
<b>To:</b> <a href="mailto:lnjogu@hotmail.com" target="_blank">lnjogu@hotmail.com</a><br>
<b>Cc:</b> WANGARI KABIRU<br>
<b>Subject:</b> [kictanet] AriseBank: SEC Halts Alleged Initial Coin Offering Scam</font>
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<div id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_37299" dir="ltr"><a href="https://www.sec.gov/news/press-release/2018-8" class="m_-408270000528471683m_5554672999309946321x_enhancr2_38134d40-e10b-f20e-ea9e-f5fdeec79e09" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_38852" target="_blank">SEC.gov | SEC Halts Alleged Initial Coin
 Offering Scam</a></div>
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SEC.gov | SEC Halts Alleged Initial Coin Offering Scam</h2>
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SEC Halts Alleged Initial Coin Offering </h1>
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Scam</h1>
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FOR IMMEDIATE RELEASE<br id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40623">
2018-8</div>
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Washington D.C., Jan. 30, 2018 —</div>
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The Securities and Exchange Commission obtained a court order halting an allegedly fraudulent initial coin offering (ICO) that targeted retail investors to fund what it claimed to be the world’s first “decentralized bank.”</div>
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According to the SEC’s complaint, filed in federal district court in Dallas on Jan. 25 and unsealed late yesterday, Dallas-based AriseBank used social media, a celebrity endorsement, and other wide dissemination tactics to raise what it claims to be $600 million
 of its $1 billion goal in just two months.</div>
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AriseBank and its co-founders Jared Rice Sr. and Stanley Ford allegedly offered and sold unregistered investments in their purported “AriseCoin” cryptocurrency by depicting AriseBank as a first-of-its-kind decentralized bank offering a variety of consumer-facing
 banking products and services using more than 700 different virtual currencies.  AriseBank’s sales pitch claimed that it developed an algorithmic trading application that automatically trades in various cryptocurrencies.</div>
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<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><br>
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<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_43984">With the ingenuity and open innovation in the crypto world, this must make someone refer to what CBK said once....or alluded to.</font></div>
<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5"><br>
</font></div>
<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5">Be blessed.</font></div>
<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5"><br>
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<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="5">Regards/Wangari</font></div>
<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><br>
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<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647">---<br>
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<div class="m_-408270000528471683m_5554672999309946321x_signature" id="m_-408270000528471683m_5554672999309946321x_yui_3_16_0_ym19_1_1517401082021_40647"><font size="2" style="font-weight:bold;font-family:verdana,helvetica,sans-serif"><span style="color:rgb(127,0,63)">Pray God Bless. 2013Wangari circa -
</span><span style="color:rgb(127,0,63)">"Being of the Light, We are Restored Through Faith in Mind, Body and Spirit; We Manifest The Kingdom of God on Earth".</span></font><br>
</div>
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</span></div>

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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.<br>
<br>
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.<br>
<br></blockquote></div><span class="HOEnZb"><font color="#888888"><br><br clear="all"><div><br></div>-- <br><div class="m_-408270000528471683gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><span style="background-color:rgb(0,0,0)"><span><span style="background-color:rgb(243,243,243)"></span></span></span>------------------------------<wbr>--<br></div><div><span style="background-color:rgb(0,255,255)"></span><span><span style="font-family:'Helvetica Neue','Segoe UI',Helvetica,Arial,'Lucida Grande',sans-serif;font-size:small"><span></span><span></span><br></span></span><b><font face="verdana, sans-serif" color="#3d85c6">Nick Ngatia</font></b><br></div><div><span style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)"><a href="mailto:nick.ngatia@childrenyouth.org" target="_blank"><font style="font-weight:bold">Email</font></a><font face="monospace, monospace"> </font><b>|</b><font face="arial narrow, sans-serif"> </font><a href="http://www.facebook.com/niccoswagg1" target="_blank"><font style="font-weight:bold" color="#0b5394">Facebook</font></a></span><font style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)"> </font><b style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)">|</b><font style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif;color:rgb(0,0,0)"> </font><font color="#00ffff" style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif"><b><a href="http://www.twitter.com/nickngatia" target="_blank">Twitter</a> </b></font><font color="#00ffff" style="font-size:13px;font-family:"Helvetica Neue","Segoe UI",Helvetica,Arial,"Lucida Grande",sans-serif"><b><b style="color:rgb(0,0,0)">|<font color="#00ffff"> <a href="https://www.linkedin.com/in/nick-ngatia-a6b06a7b?trk=nav_responsive_tab_profile_pic" target="_blank">LinkedIn</a> </font></b></b></font><br></div><div><div><div style="font-size:13px"><font style="font-family:'Helvetica Neue','Segoe UI',Helvetica,Arial,'Lucida Grande',sans-serif" color="#00ffff"><b><span style="color:rgb(153,0,255)">Skype</span><font color="#000000">:</font></b></font><font color="#000000"><font face="Helvetica Neue, Segoe UI, Helvetica, Arial, Lucida Grande, sans-serif"> <span style="color:rgb(61,133,198)"><b>nick.ngatia</b></span></font><font face="monospace, monospace"><b> |</b> </font></font><font color="#00ffff"><b><span style="color:rgb(153,0,255)">Phone</span><span style="color:rgb(0,0,0)">:</span></b></font><span style="font-family:'Helvetica Neue','Segoe UI',Helvetica,Arial,'Lucida Grande',sans-serif;font-size:small"> <span style="color:rgb(61,133,198)"><b><i>+25</i></b><b><i>4 (0) 711 42 2015</i></b>  <br></span><br></span></div><div><font size="2" color="#0b5394" face="comic sans ms, sans-serif"><i><b>"Development Towards Sustainability is far too more important to leave it to chance."</b></i></font></div></div></div><div>------------------------------<wbr>---<br></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
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<br>
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.<br>
<br>
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.<br>
<br></blockquote></div><br><br clear="all"><div><br></div>-- <br><div class="gmail_signature" data-smartmail="gmail_signature">Josiah Mugambi</div>
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